Dow Jones jumps 370 points as Nasdaq rallies 1.04% and VIX slips below 20
US stock markets closed higher with strong buying across major indices. Tech stocks led the rally. Volatility cooled down. Here is a clear look at how Wall Street performed.
Dow Jones and S&P 500 performance today
Dow Jones closed at 49,174.50. It opened at 48,827.80. The index touched a high of 49,295.21 and a low of 48,752.74. It gained 370.44 points. That is a rise of 0.76%. Trading volume stood at 526.19M.
S&P 500 ended at 6,890.07. It opened at 6,837.37. The day’s high was 6,899.17 while the low was 6,815.43. The index added 52.32 points. That is an increase of 0.77%.
Both indices posted solid gains. The movement shows steady investor confidence. The S&P 500 is now trading near its daily high. That signals strong demand till the closing bell.
Nasdaq surge and Small Cap 2000 rally
Nasdaq closed at 22,863.68. It opened at 22,641.60. The index hit a high of 22,895.48 and a low of 22,528.26. It gained 236.41 points. That equals a jump of 1.04%. Trading volume was heavy at 1.44B.
Small Cap 2000 ended at 2,652.33. It opened at 2,620.31. The high was 2,656.14 and the low was 2,619.03. It climbed 31.34 points. That is a gain of 1.20%.
Small caps outperformed large caps in percentage terms. Nasdaq also showed strong momentum. This suggests risk appetite is back in the market.
VIX volatility index falls below 20
S&P 500 VIX closed at 19.02. It opened at 19.59. The high was 19.62 and the low was 18.96. It fell 0.53 points. That is a drop of 2.71%.
A VIX level below 20 often signals lower fear in the market. The fall in volatility matches the broad rally in stocks.
Overall US markets ended the session in green. Dow Jones, S&P 500, Nasdaq and Small Cap 2000 all posted gains. At the same time the VIX declined. The data points to strong bullish sentiment and stable trading conditions.
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